Ronald Reagan

“ Since the inception of our great Nation the American merchant marine has contributed to its security and economic growth.
It is a vital lifeline linking the United States with its trading partners. In times of war it serves as our "fourth arm of defense" providing logistic support to our Armed Forces.
For too long, our shipping industry has been in a state of decline, and its ability to meet the Nation's economic and defense needs has eroded. My Administration is firmly committed to the rejuvenation of the American merchant marine. ”